Porvair Plc Stock Market Value
| PVARF Stock | USD 8.81 0.00 0.00% |
| Symbol | Porvair |
Porvair Plc 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Porvair Plc's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Porvair Plc.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Porvair Plc on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Porvair plc or generate 0.0% return on investment in Porvair Plc over 180 days. Porvair Plc is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. Porvair plc, a filtration and environmental technology company, designs, manufactures, and sells filtration and separati... More
Porvair Plc Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Porvair Plc's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Porvair plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.45 |
Porvair Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porvair Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porvair Plc's standard deviation. In reality, there are many statistical measures that can use Porvair Plc historical prices to predict the future Porvair Plc's volatility.| Risk Adjusted Performance | 0.0747 | |||
| Jensen Alpha | 0.0847 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.699 |
Porvair plc Backtested Returns
At this point, Porvair Plc is not too volatile. Porvair plc maintains Sharpe Ratio (i.e., Efficiency) of 0.0952, which implies the firm had a 0.0952% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Porvair plc, which you can use to evaluate the volatility of the company. Please check Porvair Plc's Variance of 1.45, coefficient of variation of 1075.21, and Risk Adjusted Performance of 0.0747 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Porvair Plc has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Porvair Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porvair Plc is expected to be smaller as well. Porvair plc right now holds a risk of 1.23%. Please check Porvair plc standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if Porvair plc will be following its historical price patterns.
Auto-correlation | 0.63 |
Good predictability
Porvair plc has good predictability. Overlapping area represents the amount of predictability between Porvair Plc time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Porvair plc price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Porvair Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Porvair plc lagged returns against current returns
Autocorrelation, which is Porvair Plc pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Porvair Plc's pink sheet expected returns. We can calculate the autocorrelation of Porvair Plc returns to help us make a trade decision. For example, suppose you find that Porvair Plc has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Porvair Plc regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Porvair Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porvair Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porvair Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Porvair Plc Lagged Returns
When evaluating Porvair Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porvair Plc pink sheet have on its future price. Porvair Plc autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Porvair Plc autocorrelation shows the relationship between Porvair Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Porvair plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Porvair Pink Sheet
Porvair Plc financial ratios help investors to determine whether Porvair Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Porvair with respect to the benefits of owning Porvair Plc security.